Technical Chart Analysis of Bitcoin
We last said that it could reach 71,000 and 72,000, and a few days ago we explained in a live broadcast that there might be a liquidation of $75,000 accumulated positions. The current positions are shown below. The only change is the extension of the sideways movement process. Looking at the indicators from here, there is potential for the indicators to rise to as high as $80,000 and $78,800. These increases are the final maximum target before a decline. There is no definite rise; only market manipulations suggest that a new upward and downward chart will
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